Senores Pharmaceuticals IPO GMP, Open Date, Price Band, Allotment Status

  • 06-Nov-2024
  • 2 mins read
Senores Pharmaceuticals IPO, IPO GMP

Senores Pharmaceuticals IPO GMP, Open Date, Price Band, Allotment Status

Senores Pharmaceuticals IPO open date is on 20 December to 24 December 2024.This new IPO is a book-built issue of Rs 582.11 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 500 crore and offer-for-sale is of Rs 82.11 crore.

Senores Pharmaceuticals IPO price band is Rs 372 to Rs 391. As of now, Senores Pharmaceuticals IPO GMP Live is Rs 210 per share indicates mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online. 

Senores Pharmaceuticals IPO lot size is 38 shares and the allotment status live is finalised on Thursday, December 26, 2024. The minimum investment for the retail investors for 1 lot is Rs 14,858. The registrar for the Senores Pharmaceuticals IPO is Link Intime India Private Limited. The IPO listing date is 30 December 2024.

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Senores Pharmaceuticals IPO GMP

Senores Pharmaceuticals IPO GMP Live is Rs 210 per share. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Senores Pharmaceuticals IPO GMP might rise in the coming days.

Senores Pharmaceuticals IPO Open Date, Close Date

Senores Pharmaceuticals IPO open date is Friday, 20 December 2024 and closing will be on Tuesday, 24 December 2024. Initiation of refund date is 27 December 2024 and credit of shares will be on 27 December 2024.

Senores Pharmaceuticals IPO Price Band

Senores Pharmaceuticals IPO price band is Rs 372 to Rs 391 per share. The minimum amount of investment for the retail category is to be around Rs 14,858 and for small NII minimum investment is to be around Rs 2,08,012. The minimum investment for the Big NII is to be around Rs 10,10,344.

Senores Pharmaceuticals IPO Allotment Status

Senores Pharmaceuticals IPO allotment status is to be finalised on 26 December 2024. The listing date is 30 Dec 2024 and will be on the BSE and NSE platforms. The registrar of this IPO is expected to be Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Senores Pharmaceuticals IPO Listing Date

Senores Pharmaceuticals IPO's listing date is 30 December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Senores Pharmaceuticals IPO: Listing Date, Lot Size, Price Band

IPO Date

Dec 20, 2024 to 24 Dec 2024

IPO Listing Date

Dec 30, 2024

Face Value

Rs 10 per share

Price

Rs 372 to Rs 391

Lot Size

38 Shares

Total Issue Size

Rs 582.11 crore

Fresh Issue

Rs 500 crore

Offer for Sale

Rs 82.11 crore

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Senores Pharmaceuticals IPO : About the Company

Senores Pharmaceuticals IPO GMP

Senores Pharmaceuticals Limited started in 2017 with the aim of finding and developing and manufacturing various quantities of specialty and complex pharmaceutical drugs. By March 2024, the firm had already released 54 drugs in strategic therapeutic categories consisting of antibiotics, antibacterials, antifungals, as well as treatment for blood.

The company has three R&D facilities, two in India and one in the US. The company is planning to merge these three into a single dedicated facility in Ahmedabad.

The company is growing into the future by expanding its Atlanta site through a brownfield project and enhancing its R&D capacity with new laboratory equipment. Besides, it is planning to set up a specialised injectables manufacturing facility in the US for the production and marketing of high-value injectables in the American market.

Senores Pharmaceuticals IPO Objectives

Senores Pharmaceuticals IPO funds will be utilised for setting up a manufacturing plant for the production of sterile injections. Also, the funds will be used for meeting the day-to-day capital needs of the company and funding the subsidiaries. The remaining money will be utilised in the payment of Debt.

Senores Pharmaceuticals IPO: Key Dates, Allotment, Listing Date

IPO Open Date

20 December 2024

IPO Close Date

24 December 2024

IPO Allotment

24 December 2024

Initiation of Refunds

27 December 2024

Credit of Shares to Demat

27 December 2024

IPO Listing Date

30 December 2024

Cut-off time for UPI mandate

24 December 2024

Senores Pharmaceuticals IPO Subscription Details, IPO Reservation

Senores Pharmaceuticals IPO subscription status  will be available after the IPO opens on 20 Dec 2024. In the QIB category 75% of the net offer is reserved. The remaining 15% is reserved for the retail investors and 10% is for Non-Institutional investors.

Senores Pharmaceuticals IPO Lot Size Details

Senores Pharmaceuticals IPO IPO lot size is 38 shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,858, and the maximum is 13 lots, amounting to be around Rs 1,93,154. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,08,012.

Senores Pharmaceuticals IPO Promoter Holdings

Senores Pharmaceuticals IPO promoters are Swapnil Jatinbhai Shah, Ashok Kumar Vijaysinh Barot and Sangeeta Mukur Barot. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

Senores Pharmaceuticals IPO Registrar

Senores Pharmaceuticals IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Senores Pharmaceuticals IPO Lead Managers

Senores Pharmaceuticals IPO lead managers are Equirus Capital, Ambit, and Nuvama Wealth Management.

How to apply to Senores Pharmaceuticals IPO

Interested investors can apply to the Senores Pharmaceuticals IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Senores Pharmaceuticals IPO Review

Senores Pharmaceuticals IPO may get a positive response from the general public. The company is involved in the pharma business. So, investors interested in the pharmaceutical sector can apply to this IPO. This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Senores Pharmaceuticals IPO GMP will also rise.

Senores Pharmaceuticals IPO FAQ

1. What are the details of the Senores Pharmaceuticals IPO?

Senores Pharmaceuticals IPO is a book-built issue of Rs 800 crores. This upcoming IPO is likely to be a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 500 crore and OFS is of 27 lakh equity shares.

2. When will the Senores Pharmaceuticals IPO open and close?

Senores Pharmaceuticals IPO open date is Friday, 20 December 2024 and closing will be on Tuesday, 24 December 2024. Initiation of refund date is 27 December 2024 and credit of shares will be on 27 December 2024.

3. What is Senores Pharmaceuticals IPO GMP?

Senores Pharmaceuticals IPO GMP Live is Rs 210 per share. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Senores Pharmaceuticals IPO GMP might rise in the coming days.

4. What are the details of Senores Pharmaceuticals IPO Subscription Status?

Senores Pharmaceuticals IPO subscription status will be available after the IPO opens on 20 Dec 2024. In the QIB category 75% of the net offer is reserved. The remaining 15% is reserved for the retail investors and 10% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Senores Pharmaceuticals IPO allotment status is to be finalised on 26 December 2024. The listing date is 30 Dec 2024 and will be on the BSE and NSE platforms. The registrar of this IPO is expected to be Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Senores Pharmaceuticals IPO?

Senores Pharmaceuticals IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.The lead managers are Equirus Capital, Ambit and Nuvama Wealth Management.

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